Advanced Indian Manufacturing Policy to be Unveiled Shortly

The government is formulating a National Policy for Advanced Manufacturing as one of the key tools to attain its objective of increasing the contribution of manufacturing output to 25% of GDP by 2025 from the current 16%.
The National Policy for Advanced Manufacturing also aims to significantly enhance India’s global manufacturing competitiveness. However, the government is mindful of the “threat to jobs” due to adoption of smart manufacturing.
“There are a lot of concerns, lot of opportunities, there are also threats particularly on jobs so how to make our policies, how to tailor our industry, how to get ready for this in a manner that the transition is seamless and our people are skilled enough, may be to relocate to other areas,” said DIPP Secretary Ramesh Abhishek.
He was addressing a meeting to seek stakeholders’ inputs on the policy. The meeting, chaired by Department of Heavy Industry Secretary Girish Shankar, also discussed the framework for introduction of ‘Industry 4.0’.
The government is formulating a National Policy for Advanced Manufacturing as one of the key tools to attain its objective of increasing the contribution of manufacturing output to 25% of GDP by 2025 from the current 16%.
The National Policy for Advanced Manufacturing also aims to significantly enhance India’s global manufacturing competitiveness. However, the government is mindful of the “threat to jobs” due to adoption of smart manufacturing.
“There are a lot of concerns, lot of opportunities, there are also threats particularly on jobs so how to make our policies, how to tailor our industry, how to get ready for this in a manner that the transition is seamless and our people are skilled enough, may be to relocate to other areas,” said DIPP Secretary Ramesh Abhishek.
He was addressing a meeting to seek stakeholders’ inputs on the policy. The meeting, chaired by Department of Heavy Industry Secretary Girish Shankar, also discussed the framework for introduction of ‘Industry 4.0’.
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